Truist Financial Corp reduced its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG – Free Report) by 31.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,439 shares of the company’s stock after selling 4,289 shares during the period. Truist Financial Corp’s holdings in Invesco Variable Rate Investment Grade ETF were worth $233,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Capital Analysts LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 4.3% during the 1st quarter. Capital Analysts LLC now owns 136,921 shares of the company’s stock worth $3,385,000 after buying an additional 5,588 shares during the last quarter. Vectors Research Management LLC raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 1.5% during the 1st quarter. Vectors Research Management LLC now owns 947,949 shares of the company’s stock worth $23,433,000 after buying an additional 13,799 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 29.1% during the 1st quarter. J.W. Cole Advisors Inc. now owns 12,416 shares of the company’s stock worth $307,000 after buying an additional 2,798 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF during the 1st quarter worth $239,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of Invesco Variable Rate Investment Grade ETF by 1,553.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,645 shares of the company’s stock worth $65,000 after buying an additional 2,485 shares during the last quarter.
Invesco Variable Rate Investment Grade ETF Stock Up 0.0 %
NASDAQ:VRIG opened at $24.95 on Tuesday. Invesco Variable Rate Investment Grade ETF has a 52-week low of $24.51 and a 52-week high of $25.07. The stock has a fifty day simple moving average of $24.95 and a 200-day simple moving average of $24.89.
Invesco Variable Rate Investment Grade ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Friday, August 25th. Stockholders of record on Tuesday, August 22nd were paid a dividend of $0.1299 per share. This represents a $1.56 annualized dividend and a dividend yield of 6.25%. The ex-dividend date of this dividend was Monday, August 21st. This is an increase from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.13.
Invesco Variable Rate Investment Grade ETF Profile
The Invesco Variable Rate Investment Grade ETF (VRIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities, but can hold up to 20% in non-investment-grade securities.
See Also
Want to see what other hedge funds are holding VRIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG – Free Report).
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